Greece expected to get two more years to achieve fiscal target (3)

The Eurogroup welcomes the resolve of the Greek authorities to "bring the program back on track" and acknowledges the "considerable efforts" made by Greek citizens, said Juncker.

The Eurogroup is convinced that continued fiscal and structural reforms will allow the Greek economy to return to sustainable growth path with higher employment which is Greece's "best guarantee for a more prosperous future," he added.

Christine Lagarde, managing director of the International Monetary Fund (IMF), told at the same conference that Greece's 2013 budget needs to be "reviewed a little bit" to make sure that all prior actions contained in that budget law are actually taken.

"There will be a few, only a few additional prior actions to be verified in the coming days," she added.

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